To conclude, The stock of Gevo (NAS:GEVO, 30-year Financials) is believed to be significantly overvalued. The company’s financial condition is fair and its profitability is poor. Its growth ranks better than 97% of the companies in Chemicals industry.
Similarly, Why was Gevo stock so high in 2011?
Gevo went public in 2011. At the time, there was considerable hype around the biofuel company. Oil was expensive and biofuels promised a cheaper alternative.
Is Gevo debt free? Due to its strong balance sheet and available cash, Gevo expects that on December 31, 2020 it will pay off the entire outstanding balance of $12.7 million of the 2020/21 Notes. Upon repayment of the outstanding debt represented by the 2020/21 Notes, Gevo will have no outstanding debt secured by all of its assets.
Thereof, What is the future of Gevo?
On average, analysts forecast that GEVO’s EPS will be -$0.35 for 2022, with the lowest EPS forecast at -$0.35, and the highest EPS forecast at -$0.34. On average, analysts forecast that GEVO’s EPS will be -$0.38 for 2023, with the lowest EPS forecast at -$0.42, and the highest EPS forecast at -$0.33.
Will Gevo grow?
Gevo is bordering on breakeven, according to the 2 American Oil and Gas analysts. They expect the company to post a final loss in 2023, before turning a profit of US$64m in 2024. The company is therefore projected to breakeven around 2 years from now.
What is Gevo fuel?
Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions …
What was Gevo IPO price?
The initial public offering price is $15.00 per share. Our common stock has been approved for listing on The Nasdaq Global Market under the symbol “GEVO.” Investing in our common stock involves a high degree of risk.
Does gevo have debt?
What Is Gevo’s Debt? As you can see below, at the end of June 2021, Gevo had US$66.7m of debt, up from US$15.7m a year ago. Click the image for more detail. But on the other hand it also has US$264.0m in cash, leading to a US$197.3m net cash position.
Who owns gevo?
Top 10 Owners of Gevo Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| SSgA Funds Management, Inc. | 10.13% | 20,462,565 |
| BlackRock Fund Advisors | 6.37% | 12,858,699 |
| The Vanguard Group, Inc. | 5.06% | 10,219,127 |
| Invesco Capital Management LLC | 1.92% | 3,882,343 |
Is Gevo making money?
For 2020, Gevo reported revenue of $5.54 million. This renewable chemicals and biofuels company is unprofitable. From 2016 until 2020 it lost money. Operating cash flow (OCF) is also negative, meaning the company is unable to generate cash from normal operations.
What can I expect from Gevo stock?
Stock Price Forecast
The 3 analysts offering 12-month price forecasts for Gevo Inc have a median target of 16.00, with a high estimate of 18.00 and a low estimate of 10.00. The median estimate represents a +234.03% increase from the last price of 4.79.
Is Gevo a real company?
Gevo, Inc. is a renewable chemicals and advanced biofuels company headquartered in unincorporated Douglas County, Colorado in the Denver-Aurora metropolitan area.
Is GEVO publicly traded?
(NASDAQ:GEVO), a leading renewable chemicals and next-generation biofuels company, announced today that it has priced its best efforts public offering of common stock. Gevo announced that it has agreed to sell 21,080,456 shares of common stock at a public offering price of $0.45 per share.
When did GEVO go public?
Gevo went public in 2011. At the time, there was considerable hype around the biofuel company.
How many shares of GEVO are there?
Share Statistics
| Avg Vol (3 month) 3 | 9.14M |
|---|---|
| Shares Outstanding 5 | 201.99M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 187.79M |
| % Held by Insiders 1 | 3.06% |
Is gevo making money?
For 2020, Gevo reported revenue of $5.54 million. This renewable chemicals and biofuels company is unprofitable. From 2016 until 2020 it lost money. Operating cash flow (OCF) is also negative, meaning the company is unable to generate cash from normal operations.
How much cash is gevo?
Compare GEVO With Other Stocks
| Gevo Annual Cash on Hand (Millions of US $) | |
|---|---|
| 2020 | $78 |
| 2019 | $16 |
| 2018 | $34 |
| 2017 | $12 |
Who owns the most shares of Gevo?
The company’s largest shareholder is State Street Global Advisors, Inc., with ownership of 7.6%. In comparison, the second and third largest shareholders hold about 7.1% and 5.0% of the stock. Furthermore, CEO Patrick Gruber is the owner of 1.2% of the company’s shares.
Who is invested in Gevo stock?
Largest shareholders include State Street Corp, XOP – SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF, BlackRock Inc., Vanguard Group Inc, VTSMX – Vanguard Total Stock Market Index Fund Investor Shares, IWM – iShares Russell 2000 ETF, PBW – Invesco WilderHill Clean Energy ETF, Invesco Ltd., Geode Capital …
Where is Gevo Inc located?
Gevo, Inc. is a renewable chemicals and advanced biofuels company headquartered in unincorporated Douglas County, Colorado in the Denver-Aurora metropolitan area.
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